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Why Electrovaya Stock Is Soaring This Week

TheMotleyFool

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Why Electrovaya Stock Is Soaring This Week: https://g.foolcdn.com/editorial/images/879376/happy-investor-works-on-laptop.jpg

When smaller companies expand relationships with industry titans, investors usually sit up and take notice. That's exactly what's playing out this week with small-cap stock Electrovaya (NASDAQ: ELVA) after the battery company announced a landmark deal with Amazon (NASDAQ: AMZN).

According to data provided by S&P Global Market Intelligence, shares of Electrovaya are up 36.4% from the end of last Friday's trading session through yesterday's close.

Image source: Getty Images.

Source Fool.com